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to a lot of devastation, unfortunately. >> steve, will you lend gretchen your plane next time? >> i'll lend her my lack of electricity. now day five no electricity in our house. >> me, too. >> i got it back last night. you are welcome to a sleepover. i have a blow up mattress. >> i have the one flashlight i've been using it for five days, shaved with it this morning. >> we have so many trees down, i have no idea when power will be restored. stay tuned for next week. headlines for this wednesday, the latest on the aftermath from hurricane irene. u.s. blackhawk helicopters delivering much needed supplies to people in vermont this morning. more than a dozen towns left stranded because roads and bridges are washed out. the situation just as dire in new jersey. towns near the passaic river being evacuated as floodwaters continue to rise. some people being rescued by boat from their homes. >> i know people in the communities that i visited say wayne and fairfield have dealt with something like this before. but this is the worst that any of them have seen. i saw just extraordinary despair
. >> reporter: and it seems to have everything to do with me. steve hirsch, ceo of vivid entertainment, one of the biggest producers, spoke with "nightline" in 2009. >> the truth is that when people watch adult movies they are watching it for the fantasy. they don't want to see condoms. it just doesn't sell as well. that's just a fact. >> they say they won't make as much money but they would like to use 16-year-old girls and they're not permitted to do that. city and county government don't want to deal with this because it deals with sex, it deaea with fornothi pornography. that's a really bad excuse for not protecting these young people. >> reporter: of the major adult entertainment producers, only one studio requires condom use for all their contract stars. wicked pictures. >> most of the companiy ies fro upon it. if you are saying, i want to wear a condom, chances are, that is going to do it without the condom. >> reporter: there have been current actresses who say, it doesn't bother them. are they not telling the truth? >> i think they're not thinking about it. they're thinking about t
the guy who shaped it, steve jobs. >>> and later, what we're learning about how moammar gadhafi lived. richard engel takes us inside his compound to see what they found. >>> in his own way steve jobs has changed the world, he made computers work for us, he made our music portable and he taught us to play songs by swirling our fingers in a circular motion and to open a book on the web. steve jobs resigned as ceo yesterday because his health won't let him continue. a look at the impact from steve jobs tonight. >> reporter: it's hard to remember what computers, music, phones or movies were like before this college dropout set up shop in his parents garage and invented with his buddy's help, a computer you could run in your house. imagine that. >> we worked hard and in ten years apple had grown from just the two of us in a garage to a $2 billion company with 4,000 employees. >> reporter: steve jobs pioneered home computing years before ibm, upended the music business with the ipod and i-tunes, killing cds. the ipad is changing our way of life and film animation pivots around pixar, the st
because of hurricane irene. and steve jobs steps down as the company's chief executive. >> we're broadcasting to viewers on pbs in america and around the world. this is newsday. ♪ hello and welcome. as fighting continues in libya, the rebels said they are transferring their garment to the capital tripoli from their base in ben ghazi. but colonel gaddafi is not ready to give up yet. in another audio message, he urged libya -- libyans to destroy the rebels. the report contains some graphic images. >> descending into colonel gaddafi's underground fortress, tunnels that runs 4 miles and could have been his this capered. -- that runs for miles and could have been his escape route. abandoned in a corner, some of their supplies. with this underground labyrinth, this secret world, it was incredibly well constructed. the savings are very high. the walls are very solid. over here i found a phone that was used for internal communication. and this was a kind of motorized cart. who knows if the libyan leader was transported through these tunnels in this carta. colonel gadhafi thought he
of iowa kicking the race into high gear. >> man, there some fireworks last night. steve brown is live in ames with some recap. good morning to you, steven. there was a lot going on there, wasn't there? >> there was a bunch. steve, gretchen, clayton, all good morning. gretchen, got to ask you, what's up with the candidates from your home state? i thought minnesota nice was a law if your state. last night, it was revoked obviously and it had michelle bachmann and tim pawlenty spending much of the evening going at each other. here is yet one small example of that exchange. have a listen. >> she says that she's fighting for these things. she fought for less government spending. we got a lot more. she led the effort against obama care. we got obama care. she led the effort against tarp. we got tarp. she said she's got a titanium spine, it's not her spine we're worried about, it's her record of results. if that's your view of effective leadership with results, please stop because you're killing us. >> wait. >> you were governor in minnesota, you implemented cap and trade in our state. an
is stepping down. up next, steve jobs leaving his post as ceo of apple. >>> what impact will that have on apple and its products. we'll hear from a high-tech insider coming up. stay with us.  >>> we take a look at the washington monday machine this morning. keep an eye on the bottom of your screen, we do have some school closings in the area. still a little aftereffect of the earthquake from a couple of days ago. we'll see what the effect is in the business world as the "wall street journal" reporting that sprint nextel will start selling the iphone in mid-okay. the wireless company will sell the new iphone 5 model due out soon and the current iphone 4 model. the hope that is the popular apple device will help slumping subscriber numbers. sprint stock jumped more than 10% on the news. not the case for apple stocks as the man behind all things happenle has reported he is stepping down. >> steve jobs is resigning as ceo announcing he can no longer handle the job. he has been on unspecified leave since january. job will stay on as board chairman. last night on the fox 5
, the african union hol a dor conference to address the famine. steve jobs resigned as ceo of apple, prompting questions about the future of the maker of the iphone. rebel forces in libya are still facing fierce resistance from troops who apparently remained loyal to colonel muammar gaddafi. fighting is being reported in several parts the capita despite the fact that gaddafi's command and control center has been overrun by the rebel forces. the rebels are desperate to find him. >> rebels scoured gaddafi's extensive bunker and tunnel system. that under its control centers and underground transport vehicles. be elicited strong man was not to be found. -- the elusive a strong man was not to be found. at last, a sign of life. libyan state television broadcast an audio message from muammar gaddafi. nato has resumed airstrikes on bill loyalists positions in the south of tripoli, a rocket attack has also been reported. not far away, rebels reportedly liberated hundreds of prisoners from a jail. the rebels have called on all libyans to join their armed struggle against gaddafi. at tripoli's airport,
that steve jobs, the godfather of the ipad, iphone, and ipod, is stepping down from apple. it touched quite a chord today. check out the messages on twitter. a world without steve jobs running apple? what are we going to do? there wewe so many more. that response to a corporate farewell is something we have never seen b bore. abc's neal karlinsky has more. on the visionary man who sparked it. >> reporter: before steve jobs was a modern day thomas edison, he was an adopted kid growing up in cupertino, california. by the time he was 13, seen here in his school yearbook, he was already obsessed with technology, something he reminisced about during his visit to the cupertino city council this year. >> when i was 13, i think i called up hewlett and packard were my idols. i called up bill hewlett and he gave me a job that summer. >> reporter: it turns out talent runs in the family. as an adult, jobs tracked down his biological sister, successful author of "anywhere but here," mona simpson. she remains one of jobs' closest confidants. steve wozniak, the man who co-founded apple with jobs out of a
three years ago. tonight, correspondent steve brown looks at what has changed for president since then. and what has not. >> iowa launched barack obama. he won the democratic caucuse caucuses, brbreezed to take the state in the general election. >> obama for america. >> looking ahead to 2012. >> at the end of the day, the field organization wins these things. it always is. it always has been. it always will be. >> the ace up the president's sleeve in iowa is organization. the huge crowds of three years ago were the result of a large and deep operation, much of which still exist. plus. >> we still got the 35,000 vote edge over the republicans. >> but that's down substantially from the 110,000 register voter edge democrats had in 2008. >> that is putting a chill down the side of david axelrod and the gang in chicago. iowa is competitive territory. >> on the marquee campaign issue of jobs, iowa unemployment is 6%, lower than the national average of 9.1%. the state lost over 21,000 manufacturerring job since the 2008 election. that economic unease was a factor in the 2010 gubernatorial rac
this but nonetheless, the meter is running. >> certainly is. as the day ticks down. good morning, steve, gretchen and peter. it appears president obama should get out his bill signing pen. he may need it sometime after around noon today to sign new legislation raising the nation's debt ceiling. the house voted 259-161 to pass, to raise america's borrowing limit. immediately $400 billion and then by another $1.5 to $2 trillion over time. while the top senate democrat wasn't making any promises, he suggests that the bill should pass the senate. >> i'm a long time member of congress. and i never count my votes until they're cast. so i'm hopeful but know that the republicans are going to have to produce some votes and we're going to have to produce some votes and i'm not here to declare victory. we have to get this thing passed. >> while it does appear that there is enough bipartisan support in the senate to get it to the president to sign, one of the top tea party republicans in the senate intends to vote against it. and suggests that the $2 trillion in spending cuts and spending caps don't go far
. but it gets three, four feet deep, in big trouble. >> as you pointed out, steve, this already being an already wet season we've broken the all-time wettest month here in new york city with some saying more than ten inches still to come in the next 24 hours, we've already broken the wettest month here in new york city. 16.85 inches, so, it's going to shatter the all-time wettest month here in new york city. >> you saw the pictures from virginia. elizabeth has been in virginia beach covering the hurricane. elizabeth, we're starting to see daylight out there. not looking too bad. >> a pretty day. >> you look lovely. >> thank you. >> that's the update there. >> i know you guys have a long road ahead of you. look behind me, auf long day of wind and rain what we're seeing now is what you will eventually see and i have good news, when we first started this morning, winds were about 50 miles per hour and they have he' dropped to 29 miles per hour, an indicator that hurricane irene is moving and look at the stand behind me, we saw 24 foot waves at the peak of the storm and the water was all the way up
idea, steve. i'll try to give you a sense of what's gonna happen today first before we get to the details that we have. the house will meet this morning at 10:00 and they meet again at 12:00 noon for legislative business and they'll have to dispense with several suspension bills before they get to the deal that was worked out of last night. so we expect debate in both houses as early as this afternoon or this evening. as far as the bipartisan agreement that was worked out last night, there's likely to be a lot of dissension within the far right and far left in both houses. let's get to a graphic that has details on the deal that was worked out last night. the debt ceiling is going to be raised $2.1 trillion through the year 2012 under the deal worked out last night. it will cut a trillion dollars right now with a commensurate $800 billion increase in the debt ceiling right now. and then later, a special committee of congress composed of three republican house members, three democratic house members, three republican senators, three democratic senators will work out another
. investors are worried about the company without steve jobs at the top. jobs says he cannot longer run apple day-to-day. he will remain as the board chairman. jobs has a rare form of pancreatic cancer. he brought apple from near bankruptcy with the iconic brand of ipod and ipad and itunes. >> anybody in the world in clothing or automobile can learn from apple. >> apple's chief operating officer tim cook will takeover for steve jobs. >>> a 4.5 aftershock rattled mineral, virginia today. near where the earthquake hit tuesday. the washington monument will be closed to tourists indefinitely. the quake left cracks in the stone. engineers say the national cathedral is structurally sound, but three of the four spires were snapped and caused cracks in the limestone exterior. >>> american air says they will inspect the jet ways at los angeles international airport. one jetway collapsed last night. a pilot and passenger tumbled ten feet on the concrete tarmac. they have neck and back injuries. >>> usually the judge throws the book at the defendant, but this defendant threw something at the judge. june
desperate by the second. >>> the end of an era at am. i'm carol costello. steve jobs, creator force behind apple, resigns. what will this mean for the company? the change the way you live on this "american morning." >>> good morning to you. it is thursday, august 25. welcome to "american morning." every day, it has been something else. something big happening. >> we want it to stop. >> i know. i need a flashlight, batteries. >> this hurricane is dodging all over the place. it is making landfall someplace. >> through the bahamas right now. east coast of the united states trying to figure out where it could land. category 3 storm delivering powerful blows to the southeastern and central islands. it is 115-mile-per-hour winds, heavy rains causing extensive damage. in some cases ripping homes right off of their foundations. now irene is making its way towards nassau. jim spelman is there with the latest. obviously you are getting blown around there. tell us what the late southwest on the ground. >> reporter: hey, christine. high of irene is 80 miles away from nassau. getting pounded all night.
. in the meantime, back to you. >> thank you. >>> the man behind the iphone and ipad and ipod says i-quit. steve jobs steps down and it is sending shockwaves through the tech world. stephanie chuang reports. >> reporter: good morning. steve jobs and his iconic black turtleneck and bluejeans is a local guy. he grew up here in cupertino where apple headquarters s he is regarded to be unparalleled in product vision. >> every once in a while a revolutionary product comes along that changes everything. >> reporter: jobs became the man behind those revolutionary products. it was in 1976 that he and a friend started apple in a garage right here in silicon valley. hard to believe he was forced out of apple in 1985 and then returned to revive the company to what it is now as he returned in 1997. jobs is a survivor of pancreatic cancer. he had a liver transplant and took an open-ended medical leave in january. it was his third leave in a few years. he was last seen in public back in june. now, yesterday is when he announced he could no longer handle the job as apple ceo. some tech analysts have already ma
coast. >>> and this, the news that stunned the tech world. steve jobs, the man behind some of the coolest gage either ever invented is stepping down from the multiple billion dollar company. what will it mean for the millions of fans out there? we'll employer that this morning. hi, everybody. nice to have you with us. i'm thomas roberts. the fury of hurricane irene is florida bound, bringing with it everything from damages 115-mile-per-hour winds to dangerous flooding. now, the entire eastern seaboard of the u.s. is now in the path of this huge storm. nbc news meteorologist bill karins is here with an update. i understand it just came out moments ago. >> the first thing that you look at when you see this storm is the size of it. not the intense, but the size of it. you look at the size of florida, and look at the size of irene next to it. it just dwarfing florida. this is a big storm, so well from the center we are going to see impacts. that's why almost everyone on the east coast will get something out of this. the storm is all the way out in the bahamas. we're still a cat
with the president's former top economic adviser, larry summers, and the ceo of forbes, inc., steve forbes. then washington from afar with california governor jerry brown. >> the washington of today is suffering and experiencing a governability crisis. >> and the week seen through the prism of 2012 politics with former obama adviser aknee that dunn and former republican congress tom davis. plus, retired admiral mike mcconnell on the looming dangers of international cyber attacks. i'm candy crowley, and this is "state of the union." a better than expected jobs report was the only upbeat economic note this week, and it was pushed off the front pages when one of the three big credit ratings, standard & poor's, downgraded the u.s. government's credit rating, the first time that's ever happened. >> it's a matter of the medium and long-term budget position of the united states that needs to be brought under control, not the immediate fiscal position, it's the one that centers on entitlements and its entitlement reform or having the matching revenues to pay for those entitlements. that's at the c
, with larry summers, and steve forbes. and then washington from afar with california governor, jerry brown. >> the washington of today is suffering and experiencing a crisis. >> and then plus, retired admiral, mike mcconnell, on the looming dangers of international cyber attacks. i am candy crowley, and this is state of the union. a better than expected jobs report was the only upbeat economic note this week, and it was downgraded. that's the first time that ever happened. >> it's a matter of the medium and long-term budget position of the united states that needs to be brought under control, not the immediate fiscal position, it's the one that centers on entitlements and its entitlement reform or having the matching revenues to match the entitlements. >> we have treasury secretary under president lynn clinton, and steve forbes, the president and ceo of forbes ing, and a former presidential candidate. thank you both. i cannot think of two men better to try and explain to me what to make of the downgrading of the u.s. government's credit rating. let's start with you, steve. >> i think in a
't worry, he says he has a plan. steve? >> what is it? meanwhile, london is burning. the city erupting into flames overnight as violent riots grow for a third straight day. latest details moments away. "fox & friends" up early on this tuesday starts now. >> hey, this is boone pickens. you're watching "fox & friends." great show. watch it every morning. >> thank you very much for that endorsement and good morning, folks. we are up 5:00 a.m. eastern here in new york city. good morning to you, eric. >> good morning, steve dooszy. i got to tell you last night, i was here until 11:00 watching the markets. it's something very scary going on. around 10:00, the markets were down 100 points. it looks like there was no bottom at sight. we went 350 points lower at one point last night atop of that number right there. 634. literally 1,000 points for the day at one point. we closed the market and closed the show down and we woke up this morning and somehow, we have a little bit a bounceback. >> a little bit. >> a little bit of a bounceback. >> people are wondering about the asian markets and euro
valley, steve jobs resignation. as ceo, he transformed the world of music technology, and the ipad. those products have propelled apple to the second-most valuable company in america. so, what happens now? >> his personal v vion is on every, single product that they make. and it's very clear that he is so passionate about the company. and that he personally drives almost everything they do. and so, it's hard to imagine anyone else taking the reins because, rankly, it feels like they're almost literally stepping into his shoes. >> steve jobs has survived cancer and a liver transplant. but in his brief statement, he said he could no longer perform his duties. he asked to be given a new title, chairman of t t board. >>> now, we turn to libya and the turmoil in tripoli. the rebels are making progress in taking control of the capital. the rebels are offering a good fight. one group of gadhafi supporters were holding journalists and others at a hotel for six days. conditions began to worsen as food began to run out. finally yesterday, they agreed to release the journalists to the red cross. >>
a minimum, steve. >> absolutely. nikkei index finished down something like 2%. right now, i was looking at the european stock market and, you know, it's pretty much down one, two, almost 3%. and the dow right now is down, what, 238 points right now as we speak. so it's really moving lower. >> that's not good for us. for more reaction, let's go to fox news reporter jennifer davis joining us live from our d.c. bureau. good morning to you. >> good morning, guys. all eyes on the global markets today to see how they react to news of this s&p downgrade. u.s. stock futures have tumbled. asian markets down. what's going to happen on wall street? that's the million dollar question today. the news from s&p came after those markets had closed on friday. downgrade going from triple a status down one notch to double a plus. s&p says this is a reflection not only of the political gridlock in washington and fact that the ratings agency doubts whether or not lawmakers can come together to work this problem out but also about the fact that they say that debt ceiling deal last week didn't cut enough. s&p
'll bring it to you. >>> also ahead, steve jobs and his surprise announcement and the impact on apple. we'll take a closer look just ahead. >>> and also, more rattled nerves in virginia this morning with at least one aftershock following tuesday's rare earthquake. we'll update you from there as well. ♪ with diabetes, it's tough to keep life balanced. i don't always have time to eat like i should. and the more i focus on everything else, the less time i have to take care of me. that's why i like glucerna shakes. they have slowly digestible carbs to help minimize blood sugar spikes, which can help lower a1c. glucerna products help me keep everything balanced. [ golf clubs clanking ] [ husband ] i'm good! well, almost everything. [ male announcer ] glucerna. delicious shakes and bars. helping people with diabetes find balance. [ male announcer ] glucerna. delicious shakes and bars. naturals from delicious, real ingredients with no artificial flavors or preservatives. naturals from purina cat chow. share a better life. [ jim ] i need to push out a software upgrade. build a new app for the s
newschannel debate in ames, iowa, ahead of the straw poll that's going to happen this weekend. steve brown is on the campus of iowa state university, bright and early this morning, you're on central time, steve. welcome and good morning. >> we are. >> good morning and go cyclones! good morning, gretchen, steve, peter, you need an actual a full inhale before you say the name of tonight's debate is the fox news washington examiner republican party of iowa republican candidates debate. and that takes a full breath but if you're going to take a look at the combatants in this particular debate, let's talk about first the arguably the candidate that has been most in the move in the polls and that would be michelle bachmann. you could argue that based on her performances in the two nationally televised debates so far, that has helped propel michelle bachmann up into the top tier of the presidential candidates for the g.o.p. now, it is interesting in that we've got to debate and then we've got an actual measurable event coming up on saturday which is the straw poll and the chairman of the state p
giant is calling it quits. nobody bigger than this guy, steve jobs stepped down as ceo of apple, saying he can no longer do the job. we have team coverage on the announcement that sent shock waves through the tech world. linda yee spoke with apple customers. we begin with kit in cupertino. >> steve jobs said he could no longer fulfill the duties and expectations as ceo. the news went viral and within minutes all of the employees knew. it was long awaited. long expected, but a shock nonetheless. the apple employees that were talking at the company's headquarters had nothing but nice things to say. >> he's a good guy, good boss. a good company. >> oh, wishing the best everything in life. >> steve jobs was last seen in public in june, coming back briefly from medical leave. but he didn't seem to miss a beat. no other ceo is aligned with their company's brand quite like jobs, which begs the question, is apple still apple without steve? >> you don't find another one of him. that is like lightning in a bottle. you must now bring together a team that can close that void. that's a tough on
me to the diamond planet. >> ahead, steve legacy at apple. you will not see much of a difference even though the company's master mind is stepping aside. >> inside of qaddafi's compound. rebels made a strange discovery. >> and a look at the cool down. it will warm up tomorrow. we'll have the accu-weather forecast coming up.ososososososs >> the departing now look for something else. >> an apple growing speculation of what is next for apple's brightest now that steve jobs has stepped aside. we have more. >> david apple watches are waiting to see if they will undergo changes or face new leadership. >>reporter: there will be challenges ahead. but first look at the report. there is no question that apple's success is tied to their people and that could be their secret sauce. the nagging question is if there is a exodus with steve jobs being around. >> we like to be around the greatness. they recognize this experience would not be repeated in their lifetime and they wanted to get the most of it. with steve departing it is time to look for something else. >>reporter: members of the team of t
with us. let's check in with mark who is in for steve clark. >> reporter: good morning. you will encounter some wet roadways especially right around the bay. temperatures ranging from the low 60s to the upper 80s to right around 90 degrees. a quick look at traffic with sal. >> reporter: good morning. things are getting back to normal as they have picked up some of the road work. we are looking at the commute that's going to be busy on 880. let's go back to the desk. >>> barry bonds is said to return to federal courtroom this morning. last night he made a rare appearance at at&t park. in just a few hours his lawyer will try to persuade a judge to throw out his obstruction of justice conviction or grant him a new trial. bart is creating new policies for when it might cut off underground cell phone service in the future. a three hour meeting was held yesterday on the controversial issue and about a protest that was following. in the future bart will interrupt cell phone communication during extreme circumstances such as a bomb threat or hostage situation. they will also consult the aclu on cr
be an historic hurricane irene. >>> and stepping down, steve jobs, the founder and creative force behind apple shocked the tech world by quitting his post. captioning funded by cbs >> good morning everybody and thanks for joining us. i'm betty nguyen. we begin with the latest on hurricane irene, a large and dangerous storm taking aim at the east coast. irene will hit the western bahamas later today. significant damages reported on smaller, less populated islands. the storm center is currently about 150 miles east-southeast of nassau. irene is a category 3 storm with sustained winds of 115 miles per hour, and is expected to strengthen today. storm watches for the carolinas will likely be posted this morning. irene is moving north-northeast, heading up the atlantic coast. the storm could make landfall anywhere from north carolina to new england, but looks likely to affect much of the eastern seaboard. >>> as irene heads north, the navy has ordered ships at virginia's norfolk naval base to prepare to move. in north carolina, the national guard is on standby and evacuations are under way along the
will be able to fly out of the country and evade justice for his crimes. steve harrigan streaming live yet again tonight in tripoli. steve, what's the mood there tonight? >> shepard besides the obvious and loud one of jubilation the one emotion you can senses specially among the young rebel fighters some of them very young in their teens is pride. i saw one young rebel fighter walking in a t-shirt holding -- slowly stepping with his shoulders back. these young rebels, some of them have been fighting against qaddafi for the past six months. even though they got a great deal of help from nato warplanes which really paved the way, they feel and there are thousands of them that they just won a war that they just defeated dictator. amateur army they just defeated a professional army and liberated their country there is a great sense of pride among the men who took part in this fight and it's really their moment to celebrate which they have been doing all day and now into the night, shepard. >> shepard: what's their priority now, steve? finding qaddafi or seem more focused on wiping out his supp
and the dax had been down. >> important to note, we have this exact same thing play out monday night, steve, i'm sorry, sunday night, monday morning. we were sitting here and talking on the couch. the asian markets were very weak sunday night. last night, we were doing the show on the fox business network. i was sitting there watching, hosting the show. we went down from down 100 futures again but indicating a lower opening to down 200, to down 300. to down 350. we put the asian markets to bed. we woke up this morning in europe, again, floated the boat a little bit like it had yesterday. problem is when the u.s. markets open up, that's when the selling came back and it really -- the markets started to tank once again but right now, we're sitting up a little bit. up a little bit. but it's a great improvement from late last night. >> do you agree with the fact that it was oversold yesterday so we might see a bounce today? >> no, gretchen, because these are big things. this is the first time ever u.s. downgrade of american debt. this is a -- this isn't an overbought, oversold or just money is mo
of apple stock rebounded in the wake of steve job's departure. apple ended up losing les than 1% after being down 5% last night. tom vacar reports on his future and the tight rope walked by the new leader. >> for many steve jobs is apple and tim cooks is no steve jobs. it might or might not matter. >> this is a case where the ceo has been a little larger than life. and, so, it is a real question about what is going to happen next. >> reporter: mac pag screen that follow the company and its people think this of cook. >> after you see what jobs has been dog after the years he will hand it over to the senior people in charge of the products and showing how deep the bench is in apple. >> reporter: but chapman says it can go either way. she says the disney company wallowed for years when it lost its founder. >> it took 4ceo's for the company to regain a strong identity and to develop the kind of track record that it had while walt disney was in place. >> reporter: on the other hand. southwest airlines legendary, revolutionary founder left behind a culture that made it then and continues
to break right now. let's go over to steve and peter for another segment. >> thanks so much, gretch. he's very clear they're not going to tolerate anything over there. a turbulent stock market and a struggling economy has many americans and even the mainstream media, the mainstream media now questioning president obama. >> if i don't have this done in three years, then there's going to be a one term proposition. >> there you are, mr. axelrod, that was the president at the start. we're getting right up to that three year point. is this going to be a one term presidency? >> i think the question is what this election -- first of all, let's -- let's certify that we have -- we're in a different place than we were the day he did that interview. >> we are. things are worse. >> things are worse. he's right. is the mainstream media now souring on the president? joining us now is l.a. times columnist andrew malcolm. good morning. >> good morning, how are you today? >> fine, how would you answer that question? is the mainstream media now souring on the president? in the wake of what's gone on
. steve jobs suddenly and unexpectedly stepped down today as the c.e.o. of apple, the company that he helped found in a garage and grew into one of the biggest technology corporations in the world. vin tracey has our story. >> thank you very much. >> reporter: in his trademark turtle neck, steve jobs has defined apple for more than a decade as its c.e.o.. but now steve jobs says it's time to go. in a statement late today, jobs wrote, i have always said if there ever came a day when i could no longer meet my duties and expectations, as apple's c.e.o., i would be the first to let you know. unfortunately, that day has come. jobs' health has been an issue for years, he's lost considerable weight and in 2009 announced this. >> as some of you may know, about five months ago i had a liver transplant. >> reporter: jobs started apple in his parents' garage in 1976. the company focused on personal computers until 2001 when jobs unveiled something called the ipod. >> they're going to just be blown away with how beautiful it is and how thin it is. >> reporter: then came the iphone in most recentl
. for more on the international reaction, a preview of what's ahead, we bring in steve, live in london. how do the markets look, steve? >> very good day to you. if you're along these markets it's another torrid start. the asian markets fell over 2% earlier on today, 2.2% was the mean for the lacks of the hang seng and nikkei was down by a similar margin. they were down again. after having rallied. the london market, blue chips down 1 1/2%. germany, the market down 2.1% but the future of the u.s. indices are showing more negativity. the dow futures showing 2.1% lower and the longer context the dow is down 10% in the last two weeks. >> so germany down 2.1%, the futures down here. how much of this, steve, do you think is because of the s&p downgrade, the white house has attacked the s&p saying this is meaningless and got their math wrong but how is everyone reacting. >> we must not forget the s&p warned us back in april they could do this. the market was well prepared for what they were about to do regardless of the politics back in washington. the fact remains though this isn't just the u.s.
in a corner now. >> steve jobs steps down as the chief executive at apple. and hurricane irene continues to gather strength as it moves across the caribbean. it is 11:00 a.m. here in singapore. >> it is 4:00 a.m. here in london. we're broadcasting two years at pbs in america and around the world. this is newsday. hello and welcome. there have been ongoing fierce battles in aaa. colonel -- in tripoli. the whereabouts of the libyan leader are still not known. they have offered a reward of over $1 million for anyone who captures our kills him. gunfire] these are the scenes in green square. it is renamed martyrs square for those who have lost their lives in the name of libya. the families are coming out, waving the replacement for the gaddafi flag. do not be fooled by this celebration. just look at what lies on the ground, all of the bullet casings. this place exploded in celebration, literally. they have been firing off every possible weapon, including anti- aircraft fire. this is to show two libyans and the world that they have ended the colonel gaddafi 40-year rule could look at this scaf
in orlando, thanks so much. >>> investors and the tech community are bracing for a world without steve jobs as the ceo of apple. jobs' health has been an issue. he took a leave of absence earlier this year. in a state to the board of directors, he said, quote, i've always said if there came a day when i could no longer immediate my duties and expectations as ceo, i would be the first to let you know. unfortunately that day has come. jason tans is the senior editor for "wired" magazine. jason, it was a big shock to get this news i think for a lot of people who have been following his health, maybe they aren't that surprised, as we've seen his appearance looking a bit more frail, but always at the helm of this super-strong company. what does it really mean? >> it's almost a historical moment. it was a shock and not a shock, as you say. people saw this coming, and it had been forecast for years, but still when it happens, you still feel a bit like the wind got knocked out of your sails. >> when it comes to the brand of apple, it's reshaped the electric conof the world culture, and how we talk
the iphone has stepped down at ceo of apple, steve jobs is gone. here come the questions, what about his health? what about the company? what about the future? we'll have a live report. >> i'm amy hollyfield live in san francisco, convicted criminal barry bonds could get that conviction against him tossed out today. former giants' star has an important hearing. >> waiting you outside, clouds and drizzle this morning. by the afternoon hours, cooling trend continues. till you when it gets warm again. >> good morning, i'm sue hall. we've got two accidents, kind of major, one in albany and another on freeway in daly city. details coming up. >> good morning. thanks for joining us. i'm eric thomas. >>> today, tim cook era begins at apple. steve jobs resigned yesterday in the wake of continued health problems. terry mcsweeney is live at the new apple store and everybody is wondering what it will mean for the direction of apple. >> yeah, steve jobs built apple into the number one tech company in the world. now, in a very brief resignation letter he left a whole lot more questions. he didn't give
continue to follow in the wake of steve jobs' resignation from apple. >>> more information on the dangerous fire near sacramento. what happened hours ago. >>> caught in the act. the photo of a young vandal police hope will lead to an arrest. >>> welcome. i'm dave clark. >> i'm tori campbell. right teres and cnn are reporting that rebels may have located moammar gadhafi. they have some apartment buildings surrounded near gadhafi's compound and they believe gadhafi and his sons are inside. ing that he is only a report. >>> the rebel leader ship has offered a $2 million bounty for moammar gadhafi, dead or alive. >>> we're also keeping an eye on the market as apple's shareholders react to the resignation of steve jobs. good morning, tara. >> reporter: apple investors seem to be getting over that initial announcement. shares are under 2%. jobs has developed a cult-like following. >> reporter: jobs not only founded -- cofounded apple and the personal computer industry but decades later he played a key role in revaling music. product launches generate hype. with jobs leaving, they have confidence
. >>> another major headline this morning is the sudden resignation of steve jobs, the founder of apple computer. as the influential visionary steps down, what's next foror h innovative and profitable company? >> this has been expected for the last few months. looking thin and gaunt. he was a pancreatic cancer survivor. >> interesting timing, this announcement, however. >> yes. it was, too. much more on that coming up this half hour. >>> later this half hour, as well, a store manager is looking for a woman who trashed her lottery ticket that was worth 10,000 bucks. she bought it, then tossed it and left the store. >> that's a first. >> oh, man. >>> we begin with the colossal hurricane, well on its way to becoming a frightful category 4 storm. >> an absolute monster. hurricane irene is slamming the entire length of the bahamas this morning. uprooting trees, tearing off roofs. and millions of people along the east coast are fearing the worst. abc's linsey davis is in the bahamas with the latest. hi, linsey. >> reporter: good morning, rob and tanya. we're seeing the effects of irene. we've seen som
bit about steve jobs as well. huge news. he put out a letter announcing his resignation. it's hard to overstate the impact this guy has had on computing and music. he changed the music business. on film with pixar, on marketing, on retail experience. this guy is a giant in american history. >> no, i think that, you know, we use the term giant too loosely. there's clearly giants and then there's giants. i think he falls in the real giant category because he impacted american culture and world culture. what he did, the technology and as you say music, it transformed how we deal with information. it transformed culture at so many different levels. he changed the face of the earth in how people relate to each other. he will go down in history as a real, real giant and deservingly so. >> he said in a statement, if there was a time i could no longer meet my duties i would be the first to let you know. unfortunately, that day has come. s.e., he touched every part of our lives. >> i think when we all heard he had pancreatic cancer, we saw the writing on the walls. we knew this day would co
, it is august 11th i am dave clark. >> let's check the morning traffic starting with steve for weather. >>> inland areas not much change still 60s and 70s and instead of upper 80s and 90s now it is lower 80s to mid-80s. >>> traffic looks good, there is an oakland raiders game at the coliseum at 7:00 p.m. and you may expect traffic where people are tailgating earlier in the day. also the morning commute will be 80 westbound looks good coming around the corner. 6:00 let's go back to the desk. >>> we are starting our 6:00 hour breaking news coming from san francisco, paul claimers is at the -- chambers is at the scene of a fire which started about an hour ago in the city's ash berry district, paul, what is happening? >> reporter: it was at the people's cafe but the fire crew thinks it may have been a nearby store. they found the fire was actually at the clothing store and the crews think it is in -- it is in a common area in the clothing store. this is what the fire chief had to say about the fire. >> it went into the attic space and towards the delta building on the right. there is a co
:00. >>> this is "world news." tonight, breaking news. steve jobs resigns. the revolutionary driving force behind apple, in failing health, says the day has come to step down. >>> gathering storm. that monster hurricane irene getting stronger as it barrels towards the east coast. 65 million americans from the carolinas to maine are warned to prepare. >>> battle for libya. our reporter caught in the crossfire as bullets fly at the gadhafi compound. rebels have overrun the fortress, but where is the dictator hiding tonight? >>> hunger at home. we begin our look at this exploding crisis in america. an exclusive new report. 1 in 4 children affected. the hidden faces of hunger all around us, and how you can help right now. >>> and basic instinct? just before the big east coast earthquake, so many animals sure seemed to know that something was up. >>> good evening. we're going to get right to that breaking news on steve jobs. before we begin, i want you to look at the lower right corner of your screen. it says hunger at home. it signals our special coverage of this american crisis. and how you can help solve
. and he may not have set out to change the world, but he did. steve jobs when the cbs news continues. fying. it was a grueling trip! try new activia selects greek yogurt. finally, there's a choice for my patients with an irregular heartbeat called atrial fibrillation, or afib, that's not caused by a heart valve problem. today we have pradaxa to reduce the risk of a stroke caused by a clot. in a clinical trial, pradaxa 150 mg reduced stroke risk 35% more than warfarin. and with pradaxa, there's no need for those regular blood tests. pradaxa is progress. pradaxa can cause serious, sometimes fatal, bleeding. don't take pradaxa if you have abnormal bleeding, and seek immediate medical care for unexpected signs of bleeding, like unusual bruising. pradaxa may increase your bleeding risk if you're 75 or older, have kidney problems or a bleeding condition, like stomach ulcers. or if you take aspirin products, nsaids, or blood thinners. tell your doctor about all medicines you take, any planned medical or dental procedures, and don't stop taking pradaxa without your doctor's approval, as stop
. >> good morning thank you for joining us. i am pam cook. >> i am dave clark, here is steve. >>> we have thick fog coast and bay, not much of a sea breeze so 80s and 90s there and 50s and 60s along much of the coast and low 70s along the bay, here is sal. >>> getting out to highway 101 there is a crash and now showing you san mateo bridge, people who use the bridge and like to get on 101 will not be able to do that because the ramp is closed. westbound connector ramp is shut down and police have issued an alert and think it will be there for a while. we will let you know more about that and another report is minutes ahead. let's go back to the desk. >>> bart service is back on track after a chaotic commute in downtown san francisco. demonstrators confronted police who were in riot gear at the civic center at the bart station and protesters are angry about recent shootings concerning bart police and they are also age any about cutting off cell phone service as they shut down all four downtown stations but no injuries or arrests have been reported. federal communications commission has lau
inside otherwise you might blow away. >> and apple boss steve jobs photo controversy looking gravely ill. but is it a fake? then, coupon lady, why she is told her coupons are no good at this supermarket. >> this was personal. >> the confrontation caught on camera. >> i can't use my coupons? >> is america ready for chaz bono on dancing with the stars? >> that's going to get a lot of people talking. >>> hello, everybody. thank you for joining us for our first broadcast in high definition. we hope you like our crisp new look no matter what kind of television set you might be watching on. she didn't say a word but she still made quite a statement. on stage at the mtv video music awards beyonce opened her jacket and rubbed her belly and let the world know she is pregnant with her first child. jim morets that and all of the other drama at the always entertaining vmas. >> beyonce rubs her belly making it official. the superstar is pregnant with her first child. proud hubby jay-z beams from the audience getting a pat on the back from pal can yeah west- - kanye west he even gives beyonce a salute
's not keeping his eye on expansion plans. in new york, the brewer steve hindy is pushing through various upgrades to allow him to ramp up production. you guessed it. it's time for "the boss." >>> previously on "the boss," leading from the front, steve hindy hits the streets of brooklyn to find out what is sapping sales. >> hey, steve. >> i don't know evidently i don't think there is a problem. i just think we have to work harder and be more persistent. >> in macaw, proud and joy as francis lui opens his casino resorts. >> definitely is my firstborn child. i love it. >> good morning, good morning everyone. >> reporter: francis lui is breathing a sigh of relief. the casino he's worked on for so long has opened without a hitch. >> it has exceeded everybody's expectation. we had the right product at the right time. >> reporter: francis takes a moment to let his executive team know they've done well. >> i think in general, i think we've aced it. >> reporter: as the vice chairman he doesn't dwrel on the achievements for too long. he knows this the real work is only just beginning. >> this is j
's not the same as being untruthful. >>> more to bring you tonight. preparing for life without steve jobs. will apple plan be enough to keep some of the company best and brightest from leaving? >> plus the governor proposal to put california jobs first. hiring incentive he's offering for closing 1 billion dollar loop hole. >>> and tt campbell. local county fights false advertising claims and campbell. local county fights false advertising claims and wins. news at 9:00 continues. so the jury has rendered its verdict -- guilty. [ cheers and applause ] i'm here with the defendant. sir, the plaintiff claims she changed her travel plans, paid the difference in airfare, but you added a 150-dollar change fee. oh, boo hoo. who can afford a 150-dollar change fee? me. well, she says she's going to fly southwest next time because they don't do that. they love customers, i love cash. [ male announcer ] don't pay a change fee on top of a fare difference. fly southwest, the only major airline that never charges change fees. >> can apple continue to thrive without the core. with steve jobs leaving
. >> good morning, i'm pam cook. thank you for joining us. let's check in with steve paulson for a look at the weather. hi steve. >> hello pam and dave and you as well. morning low clouds and fog. they acloudy. santa rosa to concord to livermore and san jose and oakland and san francisco. everyone is in on this fog and low clouds. once it burns off 60s and 70s and low to mid 80s. >>> here at the toll plaza of the bay bridge a light delay. there is some waiting as you can see. nothing major before you get on to the bridge. also the morning commute looks good on the san mateo bridge and the dumbarton bridge. 6:00 let's go back to the desk. >>> thank you, sal. overnight news a double shooting has taken the life of a young woman in richmond. we're on the scene. this is a live picture. you can see the police officers there. the cameras panning around. the police have blocked off an area of neven avenue and eighth street. this is just across the street from kaiser medical center. they have been tracing the steps trying to find evidence out there. a short time ago police did talk to relatives
on the national year of astronomy. the genesis of the book was steve's other book he has done for you and desert photography and astronomy and they have been asking him for years to write a more popular book on astronomy and we decided to do it together. the goal was to inspire people to go to these places. because of the inspiration, steve was at the planetarium as a youngster which you read about in the introduction to the book. mine was the apollo missions to the moon. we want to emphasize you can spark these kids' imaginations early in their lives could lead to a career and an avocation. an interesting career and exciting thing to do. it is a pleasure to go to work every day which not everybody can say. here's a rough map of the eight places we talk about from texas to southern california. we didn't cover mount wilson and los angeles. we cut it off in san diego and some other great places in california. like big bear. we chose to pick these out because they're a natural bunch and something we could imagine you could visit in a matter of about a week if you wanted to do it right and drive to
not qualify for financial aid. he's getting a good response so far. >>> one day after apple's visionary steve jobs steps down, we're learning more about his successor. tim cook sent apple employees a letter about what happens now at the company. nbc bay area's business and tech reporter scott budman is here. was mr. cook able to calm things down today? >> he was. people at apple stores and stockholders rr looking forward. on day one sending out this letter saying he looks forward to the amazing opportunity of serving as ceo of the most innovative company in the world. he said, i want you to be confident that apple is not going to change. steve built a company and culture unlike any other in the world, and we are going to stay true to that. it is in our dna. as for apple stock, it held up today. actually falling less than the overall stock market. as most investors held onto their shares. investors buy and hold stock based on what they think the company will do in the future. if apple's future is secure, so is the steve jobs way. just ask the new generation of silicon valley ceos. >> is there
's check in with steve paulson. >> we do have more low clouds and fog today. that means cooler inlapped temps. still in the upper 80s to low 90s for some. i think we will take a couple degrees off those temps we had yesterday that were near closer to 90. i think you will see that sea breeze closer to the coast and bay. 60s and 70s. here is sal. >>> good morning, san mateo bridge traffic looks pretty good getting out to the high- rise and no major problems if you are driving on westbound 84. and if you look at westbound bay bridge it's looking pretty good. let's go back to the desk. >>> copper thieves are targeting san francisco schools. two schools in the sunset district have been hit. ktvu channel 2 reporter jade hernandez has more on why copper is in such high demand. >> reporter: that is right. the sign here at the school says no trespassing but thieves are not paying attention to that sign. in fact, right here in the sunset direct thieves are after copper. it puts copper between $2-$4 a pound. we are live at the alice fong yu school. they struck the school last week on wednesday, th
stockton remains missing and now a person of interest has been arrested. and steve dobbs is said to be released and he is not holding anything back. . >>> carlson was last seen at 1:00 a.m. as she left a stockton lounge. she has -- he has been a person of interest since the start of the investigation. he was arrested for false imprisonment and the girl is still missing. >>> a district spokesperson says an investigation is underway into reports that he used the "n" word. the remarks were made during a recent golf tournament and the school is calling it a private matter and they are not releasing many details but many people have come to his defense. any construction out there sal? >>> we have a couple of road work areas, not causing big delays but we'll see some slow traffic out there. let's look at the golden gate bridge where traffic is moving along well. if you are driving on the golden gate bridge and it is foggy just lower your speeds because the fog tends to get better and there are no major problems on the city streets of san francisco. this morning we have a look at oaklan
unique genius relinquishes control. steve -- steven jobs has been synonymous with apple's staggering success. he truly defined the apple brand. after years otrtmt r cancer and related conditions, joss says he can no longer are fulfill his duties as the head of the company. he will be replaced byim cook. apple's shares finished lower by just about one% on thursday. >> anyone can make music now. >> steve jobs stands out as a visionary to transform the way people relate to computer technology. unr s leadership, apple products became a must-have all items. he was the guiding force behind the ipod, kaifeng, and ipad. >> -- the iphone, and ipad. >> steve jobs since the way that we handle music. he changed the way we use computers. >> as apple continued to grow, so did criticism of the corporation. there have been concerns about labor cditions anth chinese factories. even so, apple possible as market trend setter is undisputed. on thursday, a german court ruled that the south korean firm could not sell its galaxy task in germany. >> shares in bank of america soared by as much as 26% in earl
without >>> your realtime captioner is linda marie macdonald. >>> you don't replace a steve jobs i don't believe. you don't go and find another one of him. that's like lightning in a bottle. >> can apple be apple without steve jobs? what is next for the tech giant. we also have reaction to the new boss. >>> and firefighters dodge a bullet. the threat of a massive propane explosion in placer county is over. a live report as evacuees finally are able to go back home. good morning. it is thursday, august 25. good to have you with us. i'm frank mallicoat. >> i'm grace lee. >>> let's talk to kristy about this weather that we're having this morning. if you have been outside, it's drizzly and rainy. >> soupy. >> yeah. you might be getting a little damp outside especially at the coastline, seeing some drizzle there this morning. fog in the picture, as well. but you'll see plenty of sunshine across the board inland and at the bay. going to make it to the low 90s again inland. i'll tell you exactly what to expect for the rest of today and tomorrow in just a little bit. but let's go to elizabeth
today. for more on what we can expect in the coming hours, we go to steve rudin and the weather center. >> we were watching thunderstorms from the belfort furniture weather center. the severe thunderstorm warning has been canceled. outside, the rain totals, over an inch in fairfax, nearly an inch at children's hospital in the district, three-quarters of an inch in upper marlboro and germantown. abc 7 live super doppler radar the heaviest activity moving across baltimore, and a little bit of a break in the action. we are looking for things to settle down the next couple hours, but by early tomorrow morning, changes on the way. the temperatures today only into the middle 80's. a nice change from the 90-plus readings we have had. wait until you see the extended outlook, slightly cooler temperatures. you'll love what is on the way plus the forecast of heavy rain. >>> following a developing story from southeast washington, where the police are investigating a fatal stabbing that happened at 3:00 this morning on 13th street inside of them park complex. instead of an apartment complex. >>> th
from the tech world. steve jobs has steps down as ceo as apple. in a letter last night, he said he can no longer meet the duties and expectations of the job. he has been on medical leave since january. he was diagnosed with cancer and had a liver transplant in 2009. tim cook will take the company reins for the time being. >>> some sad news from the sports world. mike flanagan has died. there is still no word on a cause. his body was found outside of his baltimore county home on wednesday. he pitched for the orioles from 1975 to 1987. >>> the redskins are getting ready for their preseason game tonight. they will go to baltimore to take on the ravens. mike shanahan has not said who he will be starting but he said both quarterbacks will play on the offense. >>> the resignation of steve jobs is party taking a toll on the markets. >> linda bell is live in in new york. one week ago we were reporting it was the strongest stock out there. >> you mentioned his steve jobs' resignation. any move he makes is closely watched by wall street. apple is the second most valuable company in the world aft
. >>> a silicon valley giant calls it quits. steve jobs has stepped down as c.e.o. of apple saying he can no longer do the job. he was last seen in public in june coming back briefly from medical leave looking thin and gaunt. he did not seem to miss a beat. is apple still apple without steve jobs? >> you don't replace a steve jobs, i don't believe. you don't find another one of him. that's like lightning in a bottle. you must now bring together a team to close that void. >> tim cook has been named c.e.o. >>> still ahead, wet and wild weather, more rain on the way and just where is hurricane irene right now? the forecast is coming up. >>> here's a look at the midday stocks and last night's winning lottery numbers. ,,,, it's the little things in life that make me smile. spending the day with my niece. i don't use super poligrip for hold because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal
a look at when and where it will hit. >>> after years of battling health problem, apple ceo steve jobs has said the day has come for him to resign. we'll bring you the very latest on what this means for the company he founded, for wall street and for all those apple products. >>> and two years after his wife, susan, disappeared, josh powell is now speaking out about the case and about suspicions he may have been involved. >> people who know me know that i could never hurt susan. >> we'll hear more from josh's first in-depth interview early this thursday morning, august 25th, 2011. captioning funded by cbs >> and good thursday morning to >>> good thursday morning to you. it's a beautiful sky out there now. may not be the case. >> don't get used to it. good morning, everyone. i'm chris wragge. here in the east all eyes right now on this hurricane which is getting bigger and bigger and faster and stronger by every hour. but many on wall street are concentrating this morning on the big announcement coming from apple. this after steve jobs says he can't do his job anymore as apple's ceo. it
? >> uh-huh. >>> we were talking earlier about steve jobs and how his vision has revolutionized the world. part of that revolution is taking place in a small alabama town, where the high school is setting aside textbooks in favor of mac books. >> a sign of the times. the laptops are part of a $2 million pilot program, aimed at making the teachers and students more interactive. >> i'd love to get a mac book from my school. students get to keep them all year in the classroom as well as at home, for taking tests, doing homework and conducting research. nice perk there. >> the superintendent said the school is trying to eliminate textbooks altogether and give every student a laptop. >> that would be great. >> wow, unbelievable. >> i think we'll have all of our text books on ipads. and you don't have to carry around the textbooks. >> it woululbe nice. and good for your back, too. >>> we'll be back right after this. ♪ too. >>> we'll be back right after this. ♪ hoveround power chair? the statue of liberty? the grand canyon? it's all possible ith a hoveround., tom: hi i'm tom kruse, inventor
the barbecue, people come running. it was hard enough to keep steve and i away from it this morning. you have the sweet pulled pork, all of that. >> people are sitting out at picnic tables at 6:00 a.m. stop on by if you're heading to work today. 8:00 hour, we'll have the special performance live right here on "fox & friends." one of our friends today dropping by to fill in for the vacationing brian kilmeade. good morning to you. >> thank you for having me. >> good to see you from the weekend show. let's do a couple of headlines because the fear that gripped wall street traders are spreading around the world. this morning, we're seeing strong selloffs in markets in asia and europe. >> will we have a repeat today of what happened on wall street? joining us right now is dennis neil on the streets of new york city. dennis, how does it look? >> you know what? the do or die time now. we were down 4%, 5% in u.s. stocks. europe is trading down maybe 2%. will we actually see a turn back to the positive or will investors say no, you know what? it's even worse than i thought yesterday. this jobs numbe
of president obama. nbc's steve handelsman reports. >> reporter: only republican candidates in the fox debate in iowa saved their best shots for president obama. >> our president simply doesn't understand how to lead. >> and the message is this. you are finished in 2012. >> reporter: mitt romney in iowa for the first time since may got heckled. >> you came here to listen to the people. >> look, obama-care was patterned after the mitt plan in massachusetts. >> reporter: fighting to keep his campaign alive tim pawlenty had vowed no more timidity. he clashed with michele bachmann. >> in congress her record of accomplishment and results is nonexistent. >> people are looking for a champion. they want someone who's been fighting. >> if that's your view of effective leadership with results, please stop, because you're killing us. >> reporter: tea party favorite texas governor rick perry made clear he's going to run. perry's move mocked by a fellow texan. >> i'm very pleased that he's coming in because he represents the status quo. >> reporter: all the debaters did agree to oppose tax hikes, but this
of the house of delegates of the american bar association, where it first met steve. this is a series of programs underwritten by the charles gesky family, which examines the constitution in the 21st century. this examines the balance between safety, security, and public order, and the protection of civil liberties and the integrity of the constitution on the other. tonight program will focus on threats to our american justice system caused by under-funding and indecisiveness. i would like to mention that the question answer portion of the program will be moderated by a professor geoffrey hazard, a distinguished professor of law at uc hastings. the professor is a leading expert in the field of civil procedure of legal ethics and is good at asking questions. it is my pleasure to introduce our very special guest, stephen zack, president of the american bar association. with nearly 400,000 members, it is the largest volunteer professional membership organization in the world. mr. zack is the first hispanic american to serve as the president and the second to be born abroad. he was only 1
and what is the same. wall street journal and editor. dan, and columnist mary ogradey and steve moore. mary annie, are we headed for another recession? >> i wish i knew. on the one side, you have a lot of talk about what glate shape corporate balance sheets are in. but the national fed federation of business. >> that is the small businesses. >> it declined for the fifth month in a row and 10 percent of the small business owners said that only 10 percent expected an increase in employment and 11 percent said they expected to have fewer workers over the next 3months. small business is such a key to the health of the economy that if the small business sector is so negative, it is not a good sign about the health of the recovery. >> steve comparison with 2008, are all over the place. are we better or worse off going into thoo recession? >> i don't think it is 2008 again. i believe what is happening with the u.s. economy is a repudiation of obama nomics. virtually everything that obama has done with the respect to the economy is negative in my opinion and led to more unemployment. this is a repu
hopefuls made their pitches to iowa voters today at the annual iowa straw poll. steve handlesman is live with more on the big day. hi, steve. >> reporter: hi, jim. it's a beautiful cool evening here in central iowa. there was an air of ang anticipation. now they're counting the straw poll ballots. there's a delay, we're told, because of all the write-in ballots. that may be the rick perry factor. a lot of people told me today they were going to write in the name of the texas governor who just today became an official candidate, so he wasn't on the ballot. so he rained on the parade here. he tried to kind of upstage the party, that a lot of republicans focus on. this is their baby. they're really focused on the effect on the republican race that this straw pole has. it's like a fair. with lots of food, lots of people, and bands. but the stars are republican candidates, like rick santorum. and tim pawlenty. tea partier michele bachmann. libertarian ron paul, and others. mitt romney was not in the state. iowaians came to the straw poll not for the music, but they waited in long lines to cas
the leader of a successful company. >> steve jobs is stepping down. why he said it's time to resign and what this means for apple. >>> and that travel during the holiday weekend. that may not be the case. we'll explain why when good morning maryland returns on this thursday, august 25th. time is 6:35. a live look is coming up now, the nation's capital in d.c. i love this time of year but my nose doesn't. it gets stuffed up and that means i stay up all night. good mornings? not likely! i've tried the pills, the sprays even some home remedies. then i tried something new. [ male announcer ] drug-free breathe right nasal strips. [ woman ] you just put it on and...amazing! instant relief. i breathed better, slept better. and woke up ready to face a fresh new day. [ male announcer ] get 2 free strips at breatheright.com. it's my right to breathe right! >> investors will be watching the stock market this morning after word that apple ceo steve jobs resigned. the man behind the. >> reporter: joy phone, gee. >> i pad and -- iphone, the ipad and other devices has been struggling with health issues. ti
an impact on the world and a technology as a whole? you got the ipad, the gee. >> i phone and we have steve jobs to thank for it. the man who chapped the world of computers announced his resignation on wednesday and he'd he could no longer meet the duty and expectations of apples ceo. in the letter, he asked to stay on as chairman of the board, director and the timing of the letter. it's hot it a secret. jobs has been battling cancer for years. tim cook replaces jobs as the new apple ceo. >> tim cook is not the next steve jobs. if anything, he's the guy who has steve jobs' playbook and is going to do what is in that playbook for the short-terp. >> cook is seen as a traditional businessman who will appeal to wall street. jobs is the third most popular ceo of all time. >>> thank you so much, charlie. the east coast braces for irene's arrival. coming up, preparations are underway for the storm that is coming, including evacuations along north carolina's outer banks. we have the latest on that. >>> and also ahead this morning, you can lower your cholesterol. we'll look at the diet that you may
and a few upper 80s and a few 90s. here is sal. >>> steve, good morning to you. traffic is moving along pretty well around the bay area. we are looking at the golden gate bridge. traffic looks good heading out to the toll plaza. also the bay bridge toll plaza is light. no major problems on the bridge. lower deck of the bay bridge. road work in the right lanes this morning. watch out for the construction zone. and san mateo bridge traffic looks pretty good. now let's go back to the desk. >>> all right, thank you, sal. we begin with overnight news from santa rosa. police are searching for two men that stormed into an armored car warehouse late last night. allie rasmus tells us how the crime created a terrifying situation for the workers inside. allie. >> reporter: according to san if rosa police the two victims were both prose of the garda armored truck company. we are in santa rosa. this lot is where they store the armored trucks. this started just after 11:00 last night. santa rosa police say they received a 911 call. that call game from one of the company employees that said he and a c
northbound the traffic there looks good getting up to highway 17 no major problems. at 4:38 let's go to steve. >> thank you. a very good morning. lots of thunderstorm activity erupting. glib some even along l.a. and then sierra, nevada. big thunderstorms up toward tahoe and truckee. just filtered through and now it has moved off. 50s and 60s on the temp. 55 santa rosa. a cool pattern. 55 concord. west, southwest our delta breeze. nothing has changed there. i don't see a lot of big changes. the moisture is so close wrapping around the high which is far to the east. here comes the system. as that system digs in it will push that moisture away. cloud cover should be winding down. fog for us or low clouds. sun breezy. it's cool out there. the morning lows are cool. low clouds will give way to sunshine. santa cruz coastline is waiting for the coast. everywhere else it's become in. we'll have temperature temperatures on the 60s, 70s, and 80s. for others it has been hot. very hot. i don't see much changes. a little warmer tuesday and wednesday. continuation of this pattern and we'll keep it there. >
xhochb ground on their criticism of president obama. steve handelsman reports. >> reporter: all eight candidates saved their best shots for president obama. >> our president simply doesn't understand how to lead. >> and the message is this, you are finished in 2012. >> reporter: mitt romney in iowa for the first time got heckled. >> obama care was patterned after mit's plan in massachusetts. >> reporter: fighting to keep his campaign ally, pawlenty vowed no more timidity. he clashed with michele bachmann. >> in congress her record of accomplishments and results is nonexistent. >> people are looking for a champion. they want someone who has been fighting. >> if that's your view of effective leadership with results, please stop because you're killing us. >> reporter: tea party favorite rick perry made clear he's going to run, mocked bay fellow texan. >> i'm very pleased he's coming in because he represent it is status quo. >> reporter: all the debaters did agree to oppose tax hikes, but this had been the most contentious debate. saturday comes the iowa straw poll that's sure to knock so
hit the tech world of giant apple. steve jobs announced he is stepping down. the relatively unknown tim cook has become the chief operating officer and will likely replace tim. this has caused a flurry of speculation about his ailing health and the fate of the corporation he helped to bill. we're joined now from new york by the author of "be political diet." i heard that steve jobs' is described as one of the most creative people of our generation. do you agree with that? >> i would agree with that. i think especially when you're talking about the technology world. he is one of the most well-known and biggest innovators of our time. these days, it is hard to find someone around it does not have some kind of apple product, whether it is the iphone, ipad, ipod. he is iconic and he shook up the technology world, especially since you returned to apple. he did it ousted from the company at one point. he is a visionary and like any other in the tech field. >> when he took over and started sounding that company back in california, computers were a tiny little box. it really runs the gamut
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